Reelfoot Rural Ministry of the Memphis Annual Conf of UN Meth CH

Analysis

Reelfoot Rural Ministry of the Memphis Annual Conf of UN Meth CH is a registered charity in United States, based in Obion, TN. It received its IRS tax-exemption ruling in October 1973, 53 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Reelfoot Rural Ministry of the Memphis Annual Conf of UN Meth CH reported income of $1.0m and spending of $811k, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $917k to $1.0m (+9.6%), an average of +2.3% a year. The sharpest change came in the year to June 2020, when income rose by 89%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reelfoot Rural Ministry of the Memphis Annual Conf of UN Meth CH sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Rahmat-E-Alam Foundation of Washington ($1.0m), Bear Paw Ministries ($1.0m) and Beacon of Truth Ministries Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $42k (5.2% of expenses). Other salaries and wages came to $224k. At year end it held assets of $1.7m against liabilities of $13k, net assets of $1.7m. It reported 8 employees.